Global Printed Electronics Market Targets 14.7% Growth

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  • Flexible and comfortable printed sensors can be integrated seamlessly into textiles.

The global printed electronics market targets a CAGR of 14.7% from 2023 to 2031. According to a report by TMR, US$ 45.5 billion is anticipated for the market in 2031.

The demand for printed sensors in environmental monitoring and home appliances is accelerating market progress.

Smart clothing, fitness trackers, and health monitoring devices, have fueled the adoption of printed electronics. Flexible and comfortable printed sensors can be integrated seamlessly into textiles.

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These printed sensors are also useful for consumer electronics. It has been used to make flexible displays, electronic paper devices, decorative displays, OLED luminaires, sensing and signage for white goods, touch and functional surfaces, and wearables.

Nowadays, people are extensively using applications of printed electronics in the automotive industry such as flexible displays, sensors, and interior lighting. These innovations contribute to improved vehicle safety and user experience.

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